{"data":{"id":24478,"name":"Pepe","symbol":"PEPE","slug":"pepe","category":"token","description":"## What Is PEPE?\n\nPEPE is a [deflationary](https://coinmarketcap.com/alexandria/glossary/deflation) [memecoin](https://coinmarketcap.com/alexandria/glossary/memecoin) launched on [Ethereum](https://coinmarketcap.com/currencies/ethereum/). The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early 2000s.\n\nThe project aims to capitalize on the popularity of meme coins, like [Shiba Inu](https://coinmarketcap.com/currencies/shiba-inu/) and [Dogecoin](https://coinmarketcap.com/currencies/dogecoin/), and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin. \n\nIn late April to May 2023, the explosive surge of PEPE caused its market cap to reach a high of $1.6 billion at one point, minting millionaires out of early holders and attracting a strong community of like-minded followers. It has induced what some may dub a \"memecoin season,\" causing other memecoins — some launched within hours — to go on spectacular pumps and just as astounding dumps. It remains to be seen if PEPE and other memecoins will go on to new highs, although that is certainly the hope of many believers waiting for the coming BTC halving cycle praying for a Bull Run. \n\nThe PEPE roadmap features three phases, where phase one includes listing on CoinMarketCap, and getting $PEPE trending on Twitter, while phase two includes listing on centralized exchanges (CEXs) and phase three includes “tier 1” exchange listings and what the team terms a “meme takeover.”\n\n## Who Are the Founders of Pepe?\n\nAs of now, the founders of PEPE remain anonymous, which is not uncommon in the cryptocurrency world. Although information about the team behind the project is scarce, they have successfully garnered attention using social media platforms such as Twitter to promote their meme coin and foster a community around the memecoin.\n\n\n## What Makes PEPE Unique?\n\nPEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history. The project's dedication to honoring this character distinguishes it from other cryptocurrencies and strengthens its appeal within the crypto community.\n\n\n\n### Related Pages:\n\nCheck out [Dogecoin](https://coinmarketcap.com/currencies/dogecoin/) — the pioneering dog-themed memecoin.\n\nFind out more about [Shiba Inu](https://coinmarketcap.com/currencies/shiba-inu/) — another highly popular memecoin.\n\nLearn more about [Uniswap](https://coinmarketcap.com/currencies/uniswap/) — the decentralized exchange that PEPE is trading on.\n\nRefresh your knowledge on what [memecoins](https://coinmarketcap.com/alexandria/glossary/memecoin) are with CMC Glossary.\n\nCheck out the [funniest memecoin names](https://coinmarketcap.com/alexandria/article/9-funniest-memecoin-names) with CMC Alexandria.\n\n\n## How Many PEPE Coins Are There in Circulation?\n\nPEPE employs a redistribution system that rewards long-term stakers, offering them incentives to remain committed to the project. This approach encourages coin stability by rewarding users for holding the token rather than selling it quickly. Additionally, PEPE features a burning mechanism whereby a portion of the coins are permanently removed from circulation on a regular basis. This aims to maintain scarcity despite the coin's 420,690,000,000,000 maximum supply. \n\nOf the maximum supply, 93.1% were sent to the liquidity pool on [Uniswap](https://coinmarketcap.com/alexandria/article/how-to-use-uniswap), where LP tokens were burnt, and the deployer contract was sent to a null address. The remaining 6.9% is held in a multi-sig wallet, for future CEX listings, bridges and liquidity pools.  Users can track the [PEPE/WETH pair](https://coinmarketcap.com/dexscan/ethereum/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f) on CMC DexScan. \n\n## How Is PEPE Secured?\n\nPEPE is an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) blockchain, which is secured by the Proof-of-Stake ([PoS](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos)) consensus mechanism. Decentralized validators stake 32 ETH to process transactions and secure the network.\n\n## Where Can You Buy PEPE?\n\nPEPE can be traded on [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [Uniswap (V3)](https://coinmarketcap.com/exchanges/uniswap-v3/), [Binance](https://coinmarketcap.com/exchanges/binance/), [KuCoin](https://coinmarketcap.com/exchanges/kucoin/), [Huobi](https://coinmarketcap.com/exchanges/huobi/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [MEXC](https://coinmarketcap.com/exchanges/mexc/) and more.\n\nWant to keep track of PEPE prices in real-time? Download the [CMC mobile app](https://coinmarketcap.com/mobile/) to get live price updates.","dateAdded":"2023-04-17T06:18:08.000Z","actualTimeStart":"2023-04-14T17:35:00.000Z","status":"active","isBn":1,"subStatus":"normal","notice":"","alertType":2,"alertLink":"","latestUpdateTime":"2026-09-22T10:56:00.000Z","watchCount":"672949","watchListRanking":79,"dateLaunched":"2023-04-14T00:00:00.000Z","latestAdded":false,"launchPrice":9.03278E-12,"tags":[{"slug":"memes","name":"Memes","category":"INDUSTRY","status":1,"priority":1},{"slug":"ethereum-ecosystem","name":"Ethereum Ecosystem","category":"PLATFORM","status":1,"priority":3},{"slug":"solana-ecosystem","name":"Solana Ecosystem","category":"PLATFORM","status":1,"priority":1},{"slug":"binance-ecosystem","name":"Binance Ecosystem","category":"CATEGORY","status":1,"priority":5},{"slug":"binance-listing","name":"Binance Listing","category":"CATEGORY","status":0,"priority":5},{"slug":"etherlink-ecosystem","name":"Etherlink 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